financial statements

The full income statement, balance sheet, and cash-flow statement for Prudential Financial Inc. (PRU), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	60.8B YoY-13.7%	70.4B YoY+30.4%	54.0B YoY-5.1%	56.9B YoY-20.2%	71.2B YoY+24.9%
	35.5B YoY+59.2%	22.3B YoY+53.4%	14.6B YoY+303.3%	3.61B YoY-83.0%	21.2B YoY+138.9%
Selling, general & administrative	13.0B YoY-2.5%	13.3B YoY+3.0%	13.0B YoY+3.0%	12.6B YoY-7.6%	13.6B YoY-2.2%
General & administrative	13.0B YoY-2.5%	13.3B YoY+3.0%	13.0B YoY+3.0%	12.6B YoY-7.6%	13.6B YoY-2.2%
Restructuring	—	—	200M	—	—
Amortization of intangibles	73.0M YoY-8.8%	80.0M YoY-10.1%	89.0M YoY-14.4%	104M YoY-5.5%	110M YoY+7.8%
Interest expense	—	2.03B YoY+15.1%	1.76B YoY+10.4%	1.60B YoY+8.1%	1.48B YoY-5.3%
Equity-method income	129M YoY-10.4%	144M YoY+193.9%	49.0M YoY+179.0%	-62.0M YoY-163.3%	98.0M YoY+2.1%
Pre-tax income	4.66B YoY+45.1%	3.21B YoY+4.5%	3.07B YoY+262.4%	-1.89B YoY-117.5%	10.8B YoY+3454.5%
Income tax	1.05B YoY+107.7%	507M YoY-17.3%	613M YoY+319.7%	-279M YoY-114.0%	2.00B YoY+2563.0%
	3.58B YoY+31.1%	2.73B YoY+9.6%	2.49B YoY+251.1%	-1.65B YoY-118.6%	8.87B YoY+2471.1%
Income from continuing operations	3.60B YoY+33.3%	2.70B YoY+9.9%	2.46B YoY+252.4%	-1.61B YoY-118.2%	8.84B YoY+3752.9%
Net income to non-controlling interest	—	—	20.0M YoY+171.4%	-28.0M YoY-140.0%	70.0M YoY-69.3%
Net income to common	3.54B YoY+31.2%	2.69B YoY+9.6%	2.46B YoY+247.1%	-1.67B YoY-119.1%	8.74B YoY+2311.6%
	$9.99 YoY+33.2%	$7.50 YoY+11.3%	$6.74 YoY+250.1%	-$4.49 YoY-120.0%	$22.40 YoY+2340.0%
EPS (basic)	$10.05 YoY+33.3%	$7.54 YoY+11.5%	$6.76 YoY+250.6%	-$4.49 YoY-119.9%	$22.56 YoY+2356.0%
Weighted-avg shares (basic)	352M YoY-1.6%	358M YoY-1.7%	364M YoY-2.4%	372M YoY-3.8%	387M YoY-2.2%
Weighted-avg shares (diluted)	354M YoY-1.6%	359M YoY-1.5%	365M YoY-2.1%	372M YoY-4.6%	390M YoY-1.4%
Dividends per share	$5.40 YoY+3.8%	$5.20 YoY+4.0%	$5.00 YoY+4.2%	$4.80 YoY+4.3%	$4.60 YoY+4.5%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	19.7B YoY+6.6%	18.5B YoY-4.7%	19.4B YoY+12.6%	17.3B YoY+33.9%	12.9B YoY-5.9%
Short-term investments	4.73B YoY+0.0%	4.73B YoY+0.0%	4.73B YoY+0.0%	4.73B YoY+0.0%	4.73B YoY-39.3%
	774B YoY+5.2%	736B YoY+2.0%	721B YoY+4.7%	689B YoY-26.5%	938B YoY-0.3%
Operating lease right-of-use	366M YoY-1.9%	373M YoY+30.4%	286M YoY-15.9%	340M YoY-13.9%	395M YoY-15.2%
Goodwill	1.09B YoY+3.5%	1.05B YoY-1.7%	1.07B YoY+22.3%	876M YoY-51.4%	1.80B YoY-40.6%
Intangible assets	390M YoY-3.9%	406M YoY-19.8%	506M YoY-2.3%	518M YoY-16.3%	619M YoY+6.7%
Deferred tax assets	279M YoY-67.8%	866M YoY-7.8%	939M	0.00	0.00
Short-term & current debt	1.44B YoY+51.4%	953M YoY+54.2%	618M YoY-20.3%	775M YoY+7.3%	722M YoY-21.9%
	738B YoY+4.6%	705B YoY+2.0%	691B YoY+5.2%	657B YoY-24.9%	875B YoY+0.3%
Long-term debt	18.9B YoY-1.7%	19.2B YoY+1.6%	18.9B YoY-5.2%	19.9B YoY+6.9%	18.6B YoY-5.6%
	32.4B YoY+16.4%	27.9B YoY+0.2%	27.8B YoY-9.1%	30.6B YoY-50.6%	61.9B YoY-8.2%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	6.00M YoY+0.0%	6.00M YoY+0.0%	6.00M YoY+0.0%	6.00M YoY+0.0%	6.00M YoY+0.0%
Additional paid-in capital	26.0B YoY+0.4%	25.9B YoY+0.6%	25.7B YoY-0.0%	25.7B YoY+0.1%	25.7B YoY+0.6%
Retained earnings	34.8B YoY+5.0%	33.2B YoY+2.6%	32.4B YoY+2.0%	31.7B YoY-13.5%	36.7B YoY+19.2%
Treasury stock	25.3B YoY+3.4%	24.5B YoY+3.1%	23.8B YoY+3.1%	23.1B YoY+5.6%	21.8B YoY+11.1%
Accumulated other comprehensive income	-3.08B YoY+54.1%	-6.71B YoY-3.2%	-6.50B YoY-70.9%	-3.81B YoY-117.8%	21.3B YoY-30.6%
Non-controlling interest	349M YoY+10.8%	315M YoY+8.6%	290M YoY-69.6%	955M YoY+30.5%	732M YoY-6.8%
Total equity incl. non-controlling	32.8B YoY+16.3%	28.2B YoY+0.3%	28.1B YoY-9.1%	30.9B YoY+3.2%	30.0B YoY-56.0%
Total liabilities & equity	774B YoY+5.2%	736B YoY+2.0%	721B YoY+4.7%	689B YoY-26.5%	938B YoY-0.3%
Common shares issued	666M YoY+0.0%	666M YoY+0.0%	666M YoY+0.0%	666M YoY+0.0%	666M YoY+0.0%
Shares outstanding (cover)	350M YoY-1.7%	356M YoY-1.4%	361M YoY-1.9%	368M YoY-2.6%	378M YoY-4.5%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	6.27B YoY-26.2%	8.50B YoY+30.6%	6.51B YoY+26.2%	5.16B YoY-47.4%	9.81B YoY+17.3%
Depreciation & amortization	128M YoY-66.6%	383M	—	117M YoY-43.2%	206M YoY-54.9%
Deferred income taxes	398M YoY+151.2%	-778M YoY-937.3%	-75.0M YoY+92.4%	-988M YoY-1023.4%	107M YoY+129.0%
	-25.9B YoY+9.4%	-28.6B YoY-135.8%	-12.1B YoY-58.7%	-7.64B YoY-43.0%	-5.34B YoY+67.0%
Sales/maturities of investments	45.2B YoY-23.4%	59.1B YoY+33.9%	44.1B YoY-13.2%	50.8B YoY-21.5%	64.8B YoY+46.8%
Other investing activities	207M YoY+314.0%	50.0M YoY-92.6%	676M YoY+589.8%	98.0M YoY-83.6%	596M YoY+114.4%
	20.8B YoY+7.1%	19.4B YoY+150.6%	7.74B YoY+56.9%	4.93B YoY+263.8%	-3.01B YoY-161.7%
Common stock repurchased	1.00B YoY+0.0%	1.00B YoY-1.2%	1.01B YoY-32.0%	1.49B YoY-40.5%	2.50B YoY+400.0%
Dividends paid	1.93B YoY+1.9%	1.89B YoY+2.4%	1.85B YoY+1.6%	1.82B YoY+0.2%	1.81B YoY+2.7%
Other financing activities	848M YoY+2.2%	830M YoY+28.7%	645M YoY-71.0%	2.23B YoY+711.5%	-364M YoY+20.2%
FX effect on cash	77.0M YoY+130.3%	-254M YoY-786.5%	37.0M YoY+123.3%	-159M YoY+48.5%	-309M YoY-190.9%
Net change in cash	1.23B YoY+230.3%	-943M YoY-143.6%	2.16B YoY-50.4%	4.37B YoY+573.9%	-921M YoY+64.8%
Interest paid	1.91B YoY-4.4%	2.00B YoY+28.3%	1.55B YoY+7.1%	1.45B YoY+0.0%	1.45B YoY-5.2%
Income taxes paid	1.40B YoY+84.9%	756M YoY-15.5%	895M YoY-17.9%	1.09B YoY-34.7%	1.67B YoY+481.2%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	39.5B YoY-6.4%	42.2B YoY+12.7%	37.4B YoY+2.3%	36.6B YoY-10.5%	40.9B YoY+32.3%
P/E	11.0× YoY-28.6%	15.5× YoY-54.0%	33.6× YoY-31.2%	48.9× YoY+959.4%	4.6×
P/S	0.7× YoY+8.5%	0.6× YoY-16.7%	0.7× YoY+17.0%	0.6× YoY+7.1%	0.6× YoY+5.9%
P/B	1.2× YoY-19.6%	1.5× YoY+3.8%	1.5× YoY-35.0%	2.2× YoY+239.1%	0.7× YoY+44.2%
P/FCF	6.3× YoY+26.9%	5.0× YoY-36.9%	7.9× YoY+93.8%	4.1× YoY-2.6%	4.2× YoY+12.9%
Earnings yield	9.1% YoY+40.1%	6.5% YoY+117.4%	3.0% YoY+45.3%	2.0% YoY-90.6%	21.7%
FCF yield	15.9% YoY-21.2%	20.1% YoY+58.5%	12.7% YoY-48.4%	24.6% YoY+2.7%	24.0% YoY-11.4%
Dividend yield	4.8% YoY+9.0%	4.4% YoY-9.0%	4.8% YoY-0.1%	4.8% YoY+13.6%	4.2% YoY-24.6%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: PRU's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PRU filings on SEC EDGAR → Not investment advice.

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